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Question : Situation analysis is useful for:

Option 1: analysis of capital market

Option 2: SWOT analysis

Option 3: security market

Option 4: gilt-edged market


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: SWOT analysis


Solution : The correct option is SWOT analysis.

Situation analysis refers to a group of techniques used by managers to examine the internal and external environments of an organisation to comprehend its capabilities, target market, and competitive landscape. It is helpful for the Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis, which carefully evaluates an organisation's internal strengths and weaknesses as well as the external opportunities and dangers it faces to develop a plan.

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